fixed mortgage rates falling Archives - Mortgage Rates & Mortgage Broker News in Canada

Canadian fixed mortgage rates are dropping as U.S. tariffs shake markets

February 3, 2025 No Comments

Canada’s 5-year bond yield has fallen to its lowest level since June 2022, following fresh concerns over economic uncertainty and global trade tensions.

Mortgage rate war intensifies as rates dip below 4%

September 20, 2024 1 Comment

A fierce rate-cutting battle is underway, with experts now calling it a full-blown mortgage rate war.

Weekly mortgage digest: Which big banks just dropped fixed rates?

July 10, 2024 No Comments

After a spike in bond yields last week prompted some mortgage lenders to increase certain rates, fixed mortgage rates are again trending downward.

Banks and lenders cut fixed mortgage rates

Three big banks just slashed fixed mortgage rates: “Great news” for those facing renewal

June 18, 2024 No Comments

Lenders across the country, including three of Canada’s Big 6 banks, are once again busy slashing fixed mortgage rates—a welcome sign for those facing renewal in the coming months.

Fixed mortgage rates are falling. Experts explain why and weigh in on fixed vs. variable

June 9, 2024 No Comments

Both existing homeowners and new homebuyers are benefiting from a drop in interest rates see over the past week.

Fixed mortgage rates in Canada resume their decline amid economic volatility

February 3, 2024 No Comments

After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down.

Big banks slash mortgage rates this week to reflect lower bond yields in Canada

January 12, 2024 No Comments

Nearly all of the country’s big banks slashed their advertised fixed mortgage rates this week, in some cases by as much as 70 basis points (or 0.70%).

Big banks and lenders slash mortgage rates in time for the holidays

December 21, 2023 2 Comments

Several of Canada’s big banks and numerous other lenders are offering a practical gift for borrowers this holiday season: lower mortgage rates.

fixed mortgage rates falling